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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
ⓘSlippage estimate may be inaccurate (thin orderbook or partial fill)
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+16.37%
swing±13.60%
LONG OKX · nowARB-USDT-SWAP
+10.96%
3d avg:−5.41%
SHORT KuCoin · nowARBUSDTM
+10.96%
3d avg:+10.96%
Entry Spread Now
+0.212%
Eaten by executionL 0.2221 · S 0.2226+$21.16 if it converges
24h range −0.27%…+0.48% · median +0.07%
Long pays every8hShort pays every8h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
−$30.32
−0.30%
$Avg Daily PnL
+$4.48
+0.0448%
★Best Day
+$5.01
Sep 25
◎Open Interest
⚡Funding APR
+16.36%
annualized · funding only
⚠Execution Cost
−$43.76
entry + exit fees
⏱Payback
9.8d
to break even
◧24h Volume
Loading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + fees only (orderbook snapshot stale) on both legs (−$43.76 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.